§ Mr. Marlowasked the Chancellor of the Exchequer what net payment the United Kingdom has made to the EEC in the current year to date; and whether, if the amount exceeds £370 million, he will cease to authorise further transfers.
§ Mr. LawsonAs my right hon. Friend the Lord Privy Seal made clear in his statement on 2 June—[Vol. 985, c. 1043–57]—under the settlement on the United Kingdom's contribution to the Community Budget the United Kingdom will continue to pay over contributions each month under the own resources system. Payments to the United Kingdom to reduce the net contribution to the agreed level will be made from the Budget of the following year. The agreement does provide for advance payments, but the detailed arrangements to implement the agreement have yet to be decided.